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Robo 3D to commence delivery of new 3D printer model

Foxconn Technology Group is Robo 3D’s production partner.
Robo 3D to commence delivery of new 3D printer model
Robo 3D is expanding its distribution footprint globally

Robo 3D (ASX:RBO) will commence delivery of its new Robo R2 3D printers to pre-order customers following the receipt of the first shipment from the Foxconn production facility.

With its accessible price point, Robo R2 has the potential to be quite disruptive for the 3D printing industry.

The company has been actively pre-selling Robo R2 to existing customers, including wholesale, retail, and direct-to-consumer, and has received over $800,000 in pre-orders.

Robo R2 is intuitive, easy to use and accessible, with a robust set of features that will enable professionals, designers, entrepreneurs, hobbyists, and educators to bring their ideas to life in 3D.

Foxconn Technology Group is Robo 3D’s production partner for the Robo R2 3D printer.

The printer was awarded the “CES 2017 Best of Innovation Award” for the 3D printing category at the Consumer Electronics Show (CES) in Las Vegas, Nevada.

The company is buoyed by the level of interest in its new products and continues to advance numerous discussions to expand its sales and distribution footprint globally.

Robo has already expanded its sales footprint in the U.S. with a distribution agreement signed with WYNIT Distribution, a wholesale distributor of emerging technology and products.

Interestingly, Robo was recognised as having a top three market share for its R1 3D printer in North America at the end of the March 2017 quarter.

Worldwide shipments of desktop 3D printers are estimated to have almost doubled in 2016, to reach 455,772 units. The volumes are expected to reach 6.7 million by 2020.

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Robo 3D Ltd Timeline

June 13 2017

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